Alibaba Not Going Public Soon

Alibaba owner, Jack Ma, says there is no timeframe to go public with Alibaba, a business-to-business site.

Ma owns Alibaba, Taobao, Alipay and Yahoo China.

The group, he says, has money in the bank, left over from Yahoo's $1 billion investment for a 40% stake and from its earlier capital raising activities.

click here to continue reading...